A Tuesday report showed activity across the supply chain was near record levels again in February. A sizable amount of inventory in the system was met by a lack of capacity to either move it or store it, a trend that continued from January.
The Logistics Managers’ Index (LMI), a survey measuring supply chain conditions, came in at 75.2 during the month, 3.3 points higher than January and the second-highest level recorded in the dataset’s five-year history. This was the 13th consecutive month the...
https://www.freightwaves.com/news/inventories-clog-supply-chain-again-in-february